Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:9
You are considering investing in a start-up company. The founder asked you for $80,000 today and you expect to
get $140,000 at the end of year five (t-5). Given the riskiness of the investment opportunity, the required return is
15%. Calculate the IRR of this project.
Select one alternative:
10.84
11.84
6.84
O9.84
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